Tinexta Balance Sheet Health
Financial Health criteria checks 4/6
Tinexta has a total shareholder equity of €451.2M and total debt of €317.1M, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are €1.1B and €642.9M respectively. Tinexta's EBIT is €52.7M making its interest coverage ratio 9.6. It has cash and short-term investments of €117.4M.
Key information
70.3%
Debt to equity ratio
€317.06m
Debt
Interest coverage ratio | 9.6x |
Cash | €117.39m |
Equity | €451.20m |
Total liabilities | €642.93m |
Total assets | €1.09b |
Recent financial health updates
Is Tinexta (BIT:TNXT) Using Too Much Debt?
Dec 15Tinexta (BIT:TNXT) Could Easily Take On More Debt
May 26These 4 Measures Indicate That Tinexta (BIT:TNXT) Is Using Debt Safely
Feb 08Tinexta (BIT:TNXT) Seems To Use Debt Quite Sensibly
Aug 26Is Tinexta (BIT:TNXT) Using Too Much Debt?
May 17Is Tinexta (BIT:TNXT) Using Too Much Debt?
Feb 01Recent updates
Some Investors May Be Willing To Look Past Tinexta's (BIT:TNXT) Soft Earnings
Mar 15Is Tinexta (BIT:TNXT) Using Too Much Debt?
Dec 15Should You Think About Buying Tinexta S.p.A. (BIT:TNXT) Now?
Sep 26A Look At The Intrinsic Value Of Tinexta S.p.A. (BIT:TNXT)
Sep 01With EPS Growth And More, Tinexta (BIT:TNXT) Makes An Interesting Case
Jun 28Is Now The Time To Look At Buying Tinexta S.p.A. (BIT:TNXT)?
Jun 15Tinexta (BIT:TNXT) Could Easily Take On More Debt
May 26These 4 Measures Indicate That Tinexta (BIT:TNXT) Is Using Debt Safely
Feb 08When Should You Buy Tinexta S.p.A. (BIT:TNXT)?
Jan 10Is It Time To Consider Buying Tinexta S.p.A. (BIT:TNXT)?
Sep 25Tinexta S.p.A. (BIT:TNXT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Sep 10Tinexta (BIT:TNXT) Seems To Use Debt Quite Sensibly
Aug 26Is There Now An Opportunity In Tinexta S.p.A. (BIT:TNXT)?
Jun 17Is There An Opportunity With Tinexta S.p.A.'s (BIT:TNXT) 33% Undervaluation?
May 31Is Tinexta (BIT:TNXT) Using Too Much Debt?
May 17Tinexta (BIT:TNXT) Is Looking To Continue Growing Its Returns On Capital
Mar 29Are Investors Undervaluing Tinexta S.p.A. (BIT:TNXT) By 20%?
Feb 13Is Tinexta (BIT:TNXT) Using Too Much Debt?
Feb 01A Look At The Fair Value Of Tinexta S.p.A. (BIT:TNXT)
Nov 07Is Now An Opportune Moment To Examine Tinexta S.p.A. (BIT:TNXT)?
Oct 26Tinexta (BIT:TNXT) Has A Pretty Healthy Balance Sheet
Sep 16Tinexta (BIT:TNXT) Might Have The Makings Of A Multi-Bagger
Sep 03Calculating The Fair Value Of Tinexta S.p.A. (BIT:TNXT)
Aug 01When Should You Buy Tinexta S.p.A. (BIT:TNXT)?
Jul 15Is Tinexta (BIT:TNXT) A Risky Investment?
May 24Tinexta (BIT:TNXT) Shareholders Will Want The ROCE Trajectory To Continue
Apr 20What Does Tinexta S.p.A.'s (BIT:TNXT) Share Price Indicate?
Apr 05Why Tinexta S.p.A. (BIT:TNXT) Is A Dividend Rockstar
Mar 24How Many Tinexta S.p.A. (BIT:TNXT) Shares Do Institutions Own?
Mar 12Calculating The Fair Value Of Tinexta S.p.A. (BIT:TNXT)
Feb 26Is Tinexta S.p.A.'s (BIT:TNXT) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 11Tinexta (BIT:TNXT) Has Rewarded Shareholders With An Exceptional 650% Total Return On Their Investment
Jan 20Returns On Capital - An Important Metric For Tinexta (BIT:TNXT)
Jan 05Is It Too Late To Consider Buying Tinexta S.p.A. (BIT:TNXT)?
Dec 18Financial Position Analysis
Short Term Liabilities: TNXT's short term assets (€307.4M) do not cover its short term liabilities (€338.0M).
Long Term Liabilities: TNXT's short term assets (€307.4M) exceed its long term liabilities (€305.0M).
Debt to Equity History and Analysis
Debt Level: TNXT's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: TNXT's debt to equity ratio has reduced from 127.5% to 70.3% over the past 5 years.
Debt Coverage: TNXT's debt is well covered by operating cash flow (24.2%).
Interest Coverage: TNXT's interest payments on its debt are well covered by EBIT (9.6x coverage).